News and information on Royal Dutch Shell Plc.
Royal Dutch Shell’s senior executives were paid sharply higher remuneration last year, although performance in terms of shareholder returns was the worst of all big western oil companies.
Click to continue reading “Shell pay packages defy poor stock performance”
Questor attended Shell’s strategy presentation on Tuesday and the messages were generally positive, especially for dividend seekers.
Click to continue reading “Shell: positive news on the dividend is a reason to hold the shares”
In December, Shell’s Dutch pension fund told members it had fallen into deficit after share market turmoil knocked 40 percent off its value
Click to continue reading “Shell says faces $8.3 bln pension hole”
True, while Shell’s investors should be concerned about what the chief executive, Jeroen van der Veer, calls “testing times in the oil and gas industry”, they should note that despite the price of oil falling by about $100 a barrel in the last eight months or so, Shell’s shares have outperformed the rest of the FTSE 100.
Happily for Mr Voser – who narrowly escaped being tarnished by the 2004 scandal over Shell’s misreporting of reserves – he will, when he takes over this summer from Jeroen van der Veer, inherit a business in much better shape than many of its rival oil supermajors
Click to continue reading “Tempus: Shell should ride out rough seas under its new Swiss captain”
March 18 (Bloomberg) — Royal Dutch Shell Plc reported an $8.3 billion pension plan deficit for 2008 and expects to make “significant” cash contributions to pensions in addition to the regular annual contribution of between $1 billion and $2 billion.
Click to continue reading “Shell Reports $8.3 Billion Pension Deficit, Plans Payments”
March 17 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil company by market value, failed to match all of last year’s oil and gas production with new discoveries, in contrast to smaller rival BP Plc.
Click to continue reading “Shell Lagged Behind BP in Replacing Reserves in 2008″
Royal Dutch Shell, the Anglo-Dutch oil and gas giant was yesterday forced to warn shareholders about an ongoing investigation by US authorities over allegations that bribes were paid to Nigerian customs officials on behalf of the company.
Click to continue reading “Shell warns of US probe into corruption claims”
Panalpina said then that it was conducting an internal investigation and had been asked to provide documents to the Justice Department relating to services in Nigeria, Kazakhstan and Saudi Arabia for “a limited number of customers.” In March 2008, Panalpina said an internal investigation indeed found indications of wrongdoing in the past at its Nigerian oil and gas service operations, and moved to extract itself from these.
Click to continue reading “UPDATE: Shell: Co Still Under Investigation By US DOJ, SEC”
John Sauven, the executive director of Greenpeace UK, said that Shell had “rejoined the ranks of the dirtiest, most regressive corporations in the world … After years of proclaiming their commitment to clean power, they’re now pulling out of the technologies we need to see scaled up if we’re to slash emissions.”
Click to continue reading “Anger as Shell reduces renewables investment”
: John Great stuff to re-post some historical events in Shell. It shows that your network has mostly been spot-on predicting what was wrong and what would happen. It also shows how long a big company can continue on a substandard level and still do reasonably well. Could it be that a high oilprice has helped a bit? I remember that evil Watts still very well. He has gone completely silent the last few years, exactly what can be expected of a small minded man. Presumably he is working his Japanese garden and repenting in his home church, trying to buy absolution and still hoping not to go to hell but instead a very long time in the purgatory.... I fear in vain! It would be also be nice if you could dig out some old records in which the man with the facial hair (aka Mr TFA) has been promising increasing production levels and if I am not mistaken, he even projected more than 6 million bopd to be reached about now. But he never delivered and still is on seat!! He has been at it for some 15 yrs or more by now. In the past we learned faster in Shell but then there was less fear and more decent people at the top. Keep the good work up!
: SHELL EXPECT US: REPLY TO WILLIAM TELL BY JOHN DONOVAN. We have exchanged email correspondence with you. As I believe I have pointed out to you previously, if you supply any Shell internal emails, we would insist on giving Shell sight of the emails before publication of the emails or any related information. It is our normal practice to give Shell the opportunity to comment on authenticity unless the information comes from a trusted source.
: Well, well - if anyone wishes to get a flavour of what is possible in the wild west of Ireland I suggest you watch the wonderful John Michael 2011 film "The Guard" starring Brendan Gleeson. Anything & everything is possible out there.
: Are we to understand that the violent conduct we witnessed on Irish newsreel shots from Corrib in Mayo were fueled by Shell supplied alcohol to Irish policemen ...tell me no ...innocent decent people protecting their homes
: John saw your reply it all happend ok problem is the Hague is now in charge of the situation all Irish corrib staff have been silenced four people have been let go over their part any one who speaks or produces evidence will suffer big time the cops who got the booze are watching from the sideline also in silence hoping for a clean outcome . If it was all exposed the project be stopped that came from the horses mouth Shell .
: I am ashamed by the conduct of Shell HR in the Anti Discrimination case. As a company we should honour these issues. The mentioned HR rep (Van Barlingen) in the article did much more damage to Shell's reputation by her cold reply and non-action. I truly hope that senior HR management will overrule this decision and decide in favour of Mr Gatti.
: Mr Donovan are you aware that a one thousand euro reward is on offer in Mayo for the name of the supplier of large amounts of alcohol to local Garda on behalf of Roadbridge Shell. REPLY BY JOHN DONOVAN: I have seen the various allegations and comments posted here, but no evidence. If anyone has any evidence to support these allegations, please sent it to me: john@shellnews.net
: Still criminal offence to bribe Gardai Rb who supplied it? next you will say you didn't pay for home improvements or will you ?
: Roadbridge supplied no booze to Garda on Corrib others supplied it Roadbridge were told to pay for it get your facts right jp
: Corrib Project comments from G Hamilton not correct Roadbridge Shell main contractor supplied large amounts of booze to police protecting the project now the press have a hold of the story and panic has set in....oh what a tangled web we weave when first ...etc ect
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